MEMPHIS, Tenn., July 8, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- International Paper
(NYSE: IP) today declared a regular quarterly dividend of $0.25 per share for
the period from July 1, 2008, to September 30, 2008, inclusive, on its common
stock, par value $1. This dividend is payable on September 15, 2008, to
holders of record at the close of business on August 18, 2008.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )
Today the company also declared a regular quarterly dividend of $1 per
share for the period from July 1, 2008, to September 30, 2008, inclusive, on
the cumulative $4 preferred stock of the company. This dividend is also
payable on September 15, 2008, to holders of record at the close of business
on August 18, 2008.
About International Paper
International Paper (NYSE: IP) is a global paper and packaging company
with manufacturing operations in North America, Europe, Latin America, Russia,
Asia and North Africa. Its businesses include uncoated papers and industrial
and consumer packaging, complemented by xpedx, the company's North American
distribution company. Headquartered in Memphis, Tenn., the company employs
more than 50,000 people in more than 20 countries and serves customers
worldwide. 2007 net sales were approximately $22 billion. For more information
about International Paper, its products and stewardship efforts, visit
www.internationalpaper.com .
SOURCE International Paper
http://www.internationalpaper.com
